Michigan Department of Insurance and Financial Services news - Today’s latest updates

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Michigan Department of Insurance and Financial Services

Insurance agent pleads no contest to fraud, agrees to give up license

A Michigan man has entered a plea on an insurance fraud investigation and agreed to forfeit his insurance license.

Aug 29, 2025

Michigan launches website to help federal student loan borrowers

Michigan officials say the website will include tips, resources, and assistance to student loan borrowers.

Oct 2, 2023

Oakland County insurance salesman accused of embezzlement after failing to cancel policies

Charles Walker is charged with one count of conducting a criminal enterprise, one count of embezzlement by an agent of $20,000-$50,000, and two counts of embezzlement by an agent of $1,000-$20,000.

Jun 5, 2023

Mid adult woman using a banking app on her phone

Michigan issues cease and desist order on fake bank website

The Michigan Department of Insurance and Financial Services issued a temporary cease and desist order against Ocean Wave Bank, which claimed to be a legitimate bank based in the state.

May 23, 2023

Insurers in Michigan continuing no-cost preventative healthcare despite federal judge's ruling

Insurers in Michigan agreed to maintain no-cost preventative healthcare services after a federal judge in Texas ruled to strike down the service under the Affordable Care Act.